I knew a couple who drove their vehicle into the ground. The moment when it shit the bed? Deep into the middle of the crazy market of the pandemic, with chip shortages and supply chain issues and all that, so used and new cars were all ridiculously expensive. It’s not just a matter of being smart with your money.
I knew a couple who drove their vehicle into the ground. The moment when it shit the bed? Deep into the middle of the crazy market of the pandemic, with chip shortages and supply chain issues and all that, so used and new cars were all ridiculously expensive. It’s not just a matter of being smart with your money.
You have to be careful with making plans for black swan events.
And even if they bought an insanely inflated car, it still probably came out ahead compared to always having a car payment.